NATION


Exactly 30 years ago, writing in this space, I argued that there are two companies in Reliance Industries. One sets up manufacturing plants and sells products while the other is focused on raising capital and managing it well through its treasury. They are in a symbiotic relationship....

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Moneylife Digital Team 17 June 2024
The Sealdah-bound Kanchanjungha Express collided with a goods train on Monday between New Jalpaiguri and Rangapani stations in West Bengal’s Darjeeling district. At least 15 passengers died and 60 others were injured, after three rear coaches of the stationary Sealdah-bound Kanchanjunga Express...

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Moneylife Digital Team 17 June 2024
The next time you consume 'Hunter' and 'Woodpecker' beers as well as Pentagon Gold Edition Whisky, Milestone Blue and Legend Premium Whisky, White Fox Vodka, Milestone Brandy, Pentagon Rum and Black Fort Rum, remember the company was caught using child labour, underpaying them and also ignoring...

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Neha Joshi (Bar  and   Bench) 17 June 2024
A single judge of the Bombay High Court recently referred to a larger Bench the question of whether Section 263 of the Indian Succession Act and its illustrations, which deal with the grounds on which probate of a will can be revoked or annulled for a 'just cause', are exhaustive.   In a June...

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Debashis Basu  and   Vijay NS 14 June 2024
There have been a lot of allegations about who made money on the stock market with specific knowledge about the election results. While a variety of allegations have been flung around, a look at both sale and purchase data tells an intriguing story, with different conclusions. There are clear...

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It is too early to judge, but the salutary impact of the people’s election verdict is perhaps evident from the fact that we have moved from Modi Sarkar 3 or Modi 3.0 to NDA 3.0, despite a pliant media’s slow recognition of this change.    Prime minister (PM) Narendra Modi, after being...

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Moneylife Digital Team 14 June 2024
The Bombay High Court is set to deliberate on a pivotal Public Interest Litigation (PIL) filed by Shobha Panchmukh, a distinguished child rights activist, aimed at catalysing comprehensive suicide prevention measures within educational institutions across Maharashtra. The PIL, slated to be...

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Moneylife Digital Team 14 June 2024
The first session of the 18th Lok Sabha will begin on 24 June 2024, during which newly elected members will take oath and the speaker will be elected, says Kiren Rijiju, Union minister of parliamentary affairs. Union finance minister Nirmala Sitharaman is expected to present the full Budget for...

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I was told that at a ‘meet the press’ session, Dr Verghese Kurien, founder of the milk revolution in India – was asked a delicate question by one of the journalists. “What would you say are the three key elements that have made you so successful, Mr Kurien?” After a short pause, he replied,...

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Moneylife Digital Team 13 June 2024
The Bombay High Court (HC), while observing that the Maharashtra government's slum policy, through which private and public lands get converted into free tenement for encroachers once it is recognised as a slum rehabilitation area, is encouraging encroachment and thus turning an international...

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Debayan Roy (Bar  and   Bench) 12 June 2024
The Supreme Court on Wednesday asked the Delhi government to file a report on the steps taken to tackle "water tanker mafias" who appeared to be diverting water supply meant to tackle the ongoing water crisis in Delhi.   A Vacation Bench of Justices Prashant Kumar Mishra and Prasanna B Varale...

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Gursimran Kaur Bakshi (The Leaflet) 12 June 2024
The three new criminal laws Bharatiya Nyaya Sanhita (BNS), Bharatiya Nagarik Suraksha Sanhita (BNSS), and Bharatiya Sakshya Adhiniyam (criminal laws), set to replace the Indian Penal Code, 1860; Code of Criminal Procedure, 1973 and the Indian Evidence Act, 1872 respectively, are due to come into...

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Moneylife Digital Team 11 June 2024
Mohan Bhagwat, the ‘sarsanghchalak’ (head) of the Rashtriya Swayamsevak Sangh (RSS), has expressed concern over peace eluding in Manipur even after one year of violence. "The situation in the strife-torn Northeastern state must be considered with priority," the RSS chief said. He also...

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Moneylife Digital Team 11 June 2024
As many as 28 ministers out of the 71 in the National Democratic Alliance (NDA) government led by Narendra Modi government have criminal cases against them, with 19 of them facing serious charges such as attempted murder, crimes against women and hate speech, shows an analysis by Association of...

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Moneylife Digital Team 11 June 2024
As part of the Union government's continuity effort, four high-profile ministers in prime minister (PM) Narendra Modi's new government, Amit Shah, Rajnath Singh, Nirmala Sitharaman and S Jaishankar retained their old portfolios of home affairs, defence, finance and external affairs,...

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Moneylife Digital Team 11 June 2024
The Union Cabinet has decided further to expand the Pradhan Mantri Awas Yojana (PMAY) and construct three crore additional houses in rural and urban areas. This was the first meeting of the Union Cabinet of Modi 3.0 government.    Calling the decision as a boost for ease of living and dignity...

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Last week, I wrote, “Traders largely believe the National Democratic Alliance (NDA) is poised for a third term; but market veterans may not be so sanguine” because they had witnessed electoral surprises that caused a sharp crash in 2004 and a euphoric rally in 2009.   The NDA may still come...

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A new government will take over the job of running the country shortly. There is a lot of hope among businessmen and stock market participants that a third term led by Narendra Modi will transform India into viksit Bharat (developed India). The question is: How do we measure such a...

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Prachi Salve (IndiaSpend) 07 June 2024
IndiaSpend looked at 35 parliamentary questions on health, education, labour, environment, agriculture, finance, gender and law and justice, between 2015 and 2023, for which the government responded that they had no data. The most common reason, in 17 of the 35 questions, for not providing data...

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Abhimanyu Hazarika (Bar  and   Bench) 06 June 2024
The Supreme Court on Thursday took note of the urgency with respect to water shortage in Delhi and directed the Himachal Pradesh government to release 137 cusecs of water to meet drinking water demands of the national capital amid the heatwave that has gripped the states in the north Indian...

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